Taxing and E-Commerce Essay

Taxing and E-Commerce Essay

2104 Words9 Pages

Taxing and E-Commerce

With the advent of the Internet, e-commerce exploded, and in 2003, the estimated value of online sales was 95.7 billion dollars (epaynews). It also is estimated that 30% of online users buy online (epaynews). As e-commerce and the revenues from e-commerce increase, so do the questions and problems concerning taxes. Because of the global nature of the World Wide Web, and more than 30,000 tax jurisdictions in the United States (US), (Internet Taxation) it is easy to see the complications that exist in the taxation of e-commerce. Who do you tax? How is it collected? Can taxes be collected from a sale that was made in another state, and what is considered a substantial “nexus” in the buyers state. Because 75% of the…show more content…

Some of the issues with this type of tax are whether it should be per use, per month or per year. Another issue involved with this tax is how it would be implemented and whether there would be extra fees related to the type of connection. For example, would the fee be changed based on a DSL vs. a regular modem connection? (Internet Taxation). The second type of tax involves intangible goods or downloads such as: emails, software, music etcetera. Obviously, this tax would involve all those that access this type of material. The administration of such a tax again poses a problem, for example, how should international emails be handled or an international user who download software from an American company web site. The final type of tax that could be levied is a sales tax. Although it would only affect those who purchase items on line, it would have potential to be an enormous source of revenue. Currently, the sales tax “is the largest revenue source for federal, state and local governments.” (Internet Taxation) In 2003, online retail was estimated at 68.4 (epaynews) billion dollars, all of which would be taxable and would increase the federal state and local tax revenues. Again, administration and division of revenue cause a problem, but there is also the problem of classification of the product. This is a problem because it is only subject to sales tax if it is classified as a good. As seen, there are many different types of Internet taxation to be

E-Commerce and Sales Tax
5/2/2012
Throughout the country, states are not collecting some or any taxes on online transactions. This debate has been brought to Congress, state, and local governments as to whether taxes should be imposed on online transactions as well as who should standardize online taxing. Research shows that the estimated revenue losses in excess of $60 billion alone from online transactions. This number is only to grow with increased use of ecommerce. (McClure 2000)
Both…

Electronic commerce, commonly known as e-commerce, is a type of industry where buying and selling of product or service is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce…

There are plenty of ways to define the definition of E-commerce. For example, according to the Oxford Dictionary, E-commerce or electronic commerce is the commercial transaction that conducted electronically on the Internet. Some people define E-commerce as the processes of buying, selling, or exchanging products, services, and information by using the computer network technology such as the Internet. E-commerce does not only provide the function of buying and selling goods and services online via…

SOCIAL
In the past few years, new channels to market have come into existence which including e-commerce and m-commerce and have gained popularity rapidly. This has opened up new gateways for the retail sector in the face of the home delivery, and has resulted in the reduction of customer’s footfall.
Advances in products themselves have driven change, such as digital downloads of entertainment media from books to computer games. Retailers with numerous stores over the UK perceive that they no more…

AN ANALYSIS OF THE EXCLUSION OF E-COMMERCE FROM THE GENERAL RETAIL SALES TAX
Ryan Van Olst
PUAD 631-002
A NEED FOR REFORM
The inclusion of e-commerce within the general retail sales tax (GRST) would generate substantial revenue, broaden the tax base, reduce distortions, and better accomplish the intended purpose of the consumption tax: collecting revenue from total final consumption. Although Congress has not yet successfully passed legislation to this effect, such legislation is imperative…

UK and entitled to work.
A residence permit issued by the United Kingdom to a national from the European Economic Area county of Switzerland.
CV ( employer want to know about you, at the interview )
National Insurance no ( INLAND RAVANU FOR Taxing )
Job description and specification( so the employee know what he or she should do and who to go
Pay slips
Staff contract ( to know the teams and condecation)
In order to work at TESCO you must have a letter issued by the Home Office stating…

Electronic Commerce
Electronic Commerce Defined
Salvatore (2013) defines electronic commerce or e-commerce stating, “E-commerce refers to the production, advertising, sale, and distribution of products and services from business to business and from business to consumer through the internet” (p. 150). These activities can take place in many environments between businesses and consumers. E-commerce has changed the way goods and services are exchanged and have given light to businesses and consumers…

Online businesses are those kinds of firms that do not have a physical presence, and their operations are mainly virtually run and controlled. These types of activities are in other words referred to as e-commerce or E-businesses. The management of the businesses, as well as the supervision of the day to day operations of the business, is done virtually. The business does not have physical stores, warehouses or shops. This type of activity utilizes electronic means for the firm transactions as opposed…

Another phenomenon, was regarding the emergence of e-markets. E-markets surfaced to facilitate online commerce activities. Producers and many companies, which act as third party, realized that internet could be used to not only augment sales, through advertisements, but also to directly sell products.
E-markets and E-commerce
As discussed earlier, the concept of e-market and e-commerce is directly related with internet. The modern technology has not only provided platform where companies can directly…